Allen Dershowitz has finally called off the dogs and will no longer lead a worldwide divestment campaign against Hampshire College. The JTA reports:
“Hampshire has now done the right thing," [Dershowitz] said in a statement. "It has made it unequivocally clear that it did not and will not divest from Israel. Indeed, it will continue to hold stock in companies that do business with Israel as well as with Israeli companies, so long as these companies meet the general standards that Hampshire applies to all of its holdings."
“We welcome this unequivocal statement from Hampshire College that it did not divest from Israel, and that Israel in fact played no role in the college’s recent decision to disinvest from a mutual fund,” Abraham Foxman, the ADL’s national director, said in a separate statement. “This is an emphatic repudiation of the campaign of misinformation that has cast the college’s investment decisions in a false and politically biased light."
The students brought six companies to the school's Board of Trustees that the were profiting from the Israeli occupation. In the course of reviewing those companies the school also decided to divest from others, but this doesn't change the fact the school divested from those six companies because of the occupation. From the Hampshire SJP website:
The bottom line is that before February 7th, Hampshire College was invested in companies that directly profited from the occupation. Today, we are not. This is a direct result of pressure and efforts by SJP. However, we are glad that our anti-occupation movement also helped us divest from other bad companies.
Or to use Dershowitz's own language the Israeli occupation does not meet "the general standards that Hampshire applies to all of its holdings." In other words, Hampshire divested.